SOUNDWILL HOLD<0878> - Results Announcement

Soundwill Holdings Limited announced on 9/4/2001:
(stock code: 878)
Year end date: 31/12/2000
Currency: HK$                                               (Audited)
                                           (Audited)        Last
                                           Current          Corresponding
                                           Period           Period
                                           from 1/1/2000    from 1/1/1999
                                           to 31/12/2000    to 31/12/1999
                                           ('000)           ('000)
Turnover                                 : 216,811          276,462
Profit/(Loss) from Operations            : (143,220)        (535,388)
Finance cost                             : (146,520)        (159,303)
Share of Profit/(Loss) of Associates     : 13,164           8,895
Share of Profit/(Loss) of
  Jointly Controlled Entities            : -                -
Profit/(Loss) after Tax & MI             : (274,719)        (685,906)
% Change over Last Period                : N/A
EPS/(LPS)-Basic                          : (10.08 cents)    (44.16 cents)
         -Diluted                        : N/A              N/A
Extraordinary (ETD) Gain/(Loss)          : -                -
Profit/(Loss) after ETD Items            : (274,719)        (685,906)
Final Dividend per Share                 : Nil              Nil
(Specify if with other options)          : -                -
B/C Dates for Final Dividend             : N/A
Payable Date                             : N/A
B/C Dates for (-) General Meeting        : N/A
Other Distribution for Current Period    : Nil
B/C Dates for Other Distribution         : N/A

Remarks:

(1) Diluted Earnings Per Share

No diluted loss per share has been presented for the two years ended
31 December 2000 because the conversion/exercise of the
outstanding potential ordinary shares would have been ant-dilutive
for the two financial year ends.

(2) Change in presentation of comparative figures:

Due to the recent change in the requirement(s) of the Statement of 
Standard Accounting Practice, there are changes in certain comparative 
amounts to conform to the current year's presentation. But there is no 
impact on the Group's results.